Stocks of Philip Morris International Inc (NYSE:PM) traded higher last session on Wall Street, up 0.82% to $131.57.
PM stock price is now 7.05% away from the 50-day moving average and 25.63% away from the 200-day moving average. The market capitalization of the company currently stands at $204.57B.
, while ‘UBS’ rates the stock as ‘Sell’
In other news, Calantzopoulos Andre, Chairman sold 101,918 shares of the company’s stock on Oct 23 ’24. The stock was sold for $13,234,052 at an average price of $129.85. Upon completion of the transaction, the Chairman now directly owns 959,761 shares in the company, valued at $126.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 23 ’24, Pr.Combusibles&GlobalComb.Mktg Barth Werner sold 7,500 shares of the business’s stock. A total of $974,850 was realized by selling the stock at an average price of $129.98. This leaves the insider owning 95,418 shares of the company worth $12.55 million. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $87.82 and a high of $133.27. According to the stock market information, the enterprise value for the company is $251563425792, which is based on a 20.87 price-to-earnings ratio, a 1.96 price-to-earnings-growth ratio, and a beta of 0.57. The fifty day moving average price for PM is $122.9038 and a two-hundred day moving average price translates $104.7269 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for 2024-09-30. The company reported revenue of $9.91 billion for the quarter, compared to $9.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.42 percent.
